News of the world football finance report.

[we love jez moxey]

Has us as the second highest asset rich club in the prem with £66.2m of assets. Not a bad £30,000,010 investment was it!!

 

[IrchyWolf]

Is there an internet link?

 

[we love jez moxey]

Sorry mate, their site dosn't give the same club by club breakdown as the paper

 

[IrchyWolf]

Yes, I had a look but couldn't find it. Thanks, anyway.

 

[tiggerkev]

Only us and Blooze in the black. Top earner is Mancienne 1.5 million and we have a annual wage bill of 13.86 million. Only Stoke and Burnley have a lower wage bill.

Also says in the NOTW we are looking at Leon Best from Coventry for the Jan transfer window.

 

[ProudWolf]

Only us and Blooze in the black. Top earner is Mancienne 1.5 million and we have a annual wage bill of 13.86 million. Only Stoke and Burnley have a lower wage bill.

I can't believe Stoke have a lower wage bill than us!!

 

[Del Woppio]

Those figures will be for 2008/09, I assume?

 

[dolmanrj]

I can't believe Stoke have a lower wage bill than us!!

You would think that players like Sorensen, Etherington, Beattie, Huth and Tuncay would be on a fair bit.

 

[tiggerkev]

Those figures will be for 2008/09, I assume?

Doesnt say. Just reports it as 2009. But it does state the pre tax proffits for 2008.

Our net assets are also better than all clubs except Arsenal.

 

[Mr Wolf]

A bit greedy I know but can anyone sort of re-do the paper report and put the figs on here.

 

[fielden05]

A bit greedy I know but can anyone sort of re-do the paper report and put the figs on here.

I'd also appreciate this!

 

[Dewsburywolf]

It also says something about Steve Morgan selling Redrow for £250M or whatever but I thought he was slowly buying it back?

 

[Ross wwfc]

is there a link on this?

 

[Jameswwfc]

No way mancienne on 30 grand a week. He only just signed a 18,000 week deal at Chelsea in summer.

 

[SaleWolf]

Also says in the NOTW we are looking at Leon Best from Coventry for the Jan transfer window.

If this is even a consideration for us, then please will the Premier League relegate us first thing on Monday Morning.

Leon Best and Danny Webber in the Premier League. Yep, definately the best league in the world

 

[reanswolf]

Surprised only us, Stoke, Burnley and Hull pay wages totalling between £9-14m PA. Even Blues pay £26m, the likes of wigan and bolton and blacburn nearly £40m and of course Man Utd, arsenal and Chelski all over £100m PA with chelski top at £172m.

The gulf is vast and very unhealthy, as we all knew anyway. We have no right to be in the same league really.

 

[BlahBlah]

Leon Best and Danny Webber in the Premier League. Yep, definately the best league in the world

Is that who replaced Doyle for Ireland last night? Looked pretty decent.

 

[BlahBlah]

Surprised only us, Stoke, Burnley and Hull pay wages totalling between £9-14m PA. Even Blues pay £26m, the likes of wigan and bolton and blacburn nearly £40m and of course Man Utd, arsenal and Chelski all over £100m PA with chelski top at £172m.

The gulf is vast and very unhealthy, as we all knew anyway. We have no right to be in the same league really.

We have every right to be there.
We don't have the stupidity to put ourselves into so much debt that the debt is worth more than the club itself, thankfully.

 

[MancWolf1]

Those figures will be for 2008/09, I assume?

No, the figures are for 2007/08. The vast majority of clubs have yet to submit their 2008/09 annual accounts to Companies House.

 

[MancWolf1]

Doesnt say. Just reports it as 2009. But it does state the pre tax proffits for 2008.

Our net assets are also better than all clubs except Arsenal.

The article is based on Deloitte's 2009 football finance report which covers the 2007/08 season and therefore has little relevance to the current season or indeed last season.

I expect our total wage bill will be in the region of £35m for this season (financial year) with a turnover of around £55m.

The £66.2m of net assets recorded in 2007/08 will be pretty similar as of today and clearly demonstrates that the club is in a very healthy and stable financial position.

 

[HazelGroveWolf]

Can somebody tell PeteWolf?

 

[MancWolf1]

Can somebody tell PeteWolf?

Do you mean EssexWolf?

Who lest we forget was the infamous ex-poster who repeatedly alleged that our previous owner was taking funds out of the club only to then suddenly disappear when that previous owner sold the club for £10 on the condition that thirty million pounds was added to the club's balance sheet.

A rather embarrassing turn of events it has to be said.

 

[HazelGroveWolf]

Do you mean EssexWolf?

Who lest we forget was the infamous ex-poster who repeatedly alleged that our previous owner was taking funds out of the club only to then suddenly disappear when that previous owner sold the club for £10 on the condition that thirty million pounds was added to the club's balance sheet.

A rather embarrassing turn of events it has to be said.

You sayin PeteWolf=Thick Plod?
Where's me tin hat smilee?

 

[jabbawolf]

Only us and Blooze in the black. Top earner is Mancienne 1.5 million and we have a annual wage bill of 13.86 million. Only Stoke and Burnley have a lower wage bill.

Also says in the NOTW we are looking at Leon Best from Coventry for the Jan transfer window.

Was speaking to a Cov fan on Saturday who said don't be fooled by his current purple patch, he is gash.

 

[Tomasz]

You sayin PeteWolf=Thick Plod?

He's not.

 

[Dr Wolfenstein]

Has to have been a LOT of speculation & guesstimates to arrive at those figures & present them as currently meaningful.

As stated above, it's unlikely the Mancienne figure is correct & wouldn't Chelsea be paying a percentage of his salary anyway?

Strangely (or not) only 2 clubs quote the manager as the highest earner (Burnley & Arsenal).

 

[Cowes Wolf]

It's in the News Of The World, it must be true.

 

[we love jez moxey]

I would not have quoted the NOTW usually, but the figures did seem very precise and believable!!